Quantum Sensors Market is predicted to reach USD 1123.2 billion at a CAGR of 16.34% during the forecast period

Market Research Future has published a cooked research report on the "Global Quantum Sensors Market".

MRFR recognizes the following companies as the key players in the global Quantum Sensors Market — Radix, Networking (Oscilloquartz), AdSense, GWR Instruments Inc., Technology (Microsemi), METER Group, Spectrum Technologies Inc., Adcon Telemetry Gmbh, Microchip, Apogee Instrument Inc., Impedance Ltd., Biospherical Instruments Inc., Thomas Industrial Network Inc., M-Squared Lasers Limited, ADVA, and Skye Instruments Ltd.

Quantum Sensors Market Highlights

The global Quantum Sensors Market is accounted to register a CAGR of 16.34% during the forecast period and is estimated to reach USD 1123.2 billion by 2032.

Quantum sensors are devices that use the principles of quantum mechanics to measure various physical quantities with high precision and sensitivity. They have the potential to revolutionize various fields such as metrology, navigation, medical imaging, and more, due to their ability to surpass the limitations of classical sensors in terms of accuracy and sensitivity.

Segment Analysis

The global Quantum Sensors Market has been segmented based on Product, and Verticals.

Based on Product, the Quantum Sensors Market segmentation includes Atomic Clocks, Photosynthetically Active Radiation (PAR), Gravity Sensors, Magnetic Sensors, and Quantum Sensors. The Atomic Clocks segment held the majority share in 2021, contributing to around ~32-35% in respect to the Quantum Sensors Market revenue. This is primarily due to the improvement in sensing accuracy, which has led to a rise in the use of quantum phenomena. Atomic clocks are used for space exploration applications and research due to the reliance of these fields on sensors for spacecraft operation and science measurements. Companies in the market are taking initiatives such as launching new products in the market.

The Quantum Sensors Market segmentation, based on Verticals, includes Oil & Gas, Military & Defense, Automotive, Healthcare, and Agriculture. The automatic segment dominated the market in 2021 in the Quantum Sensors Market. The main factor boosting the demand for quantum sensors in automotive applications is the rising demand and trend for autonomous vehicles. Quantum sensor-enabled sensing can precisely measure rotation, imaging, acceleration, and gravity in electric and magnetic fields in automotive applications. Automotive manufacturers are researching quantum gyroscopes to improve precision and lower dependence on satellite navigation. The UK Quantum Technology Hub Sensors and Timing researchers are creating precise and accurate quantum sensors to improve the capabilities of autonomous vehicles such as cars, ships, trains, and planes. 

Regional Analysis

The global Quantum Sensors Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. Europe Quantum Sensors market accounted for USD 0.88 billion in 2021 and is expected to exhibit a significant CAGR growth during the study period. This is attributed to the growing use of quantum sensors in automobiles and rising government initiatives for the development of the technology. For instance, in November 2020, The University of Birmingham collaborated with BAE Systems, BT, and BP to develop and integrate new sensing technologies. Through his collaboration, they will be able to create a 'road map' for actions that will be driven by the Government-funded and University of Birmingham-led UK Quantum Technology Hub Sensors and Timing, which is a part of the UK National Quantum Technologies Programme. Further, the Germany Quantum Sensors market held the largest market share, and the UK Quantum Sensors market was the fastest-growing market in the European region

North America Quantum Sensors market accounts for the second-largest market share due to the growing demand and trend for autonomous vehicles, the increase in the incidence of various diseases such as cancer, and growing research & development activities. Moreover, increasing private and public investments in the development of quantum technology and quantum entanglement. Further, the U.S. Quantum Sensors market held the largest market share in this region.

The Asia-Pacific Quantum Sensors Market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to the demand for quantum sensors in automotive applications and rising technological advancements in quantum sensors. Additionally, the growing implementation of quantum entanglement technology in the healthcare sector. Moreover, the China Quantum Sensors market held the largest market share, and the India Quantum Sensors market was the fastest-growing market in the Asia-Pacific region

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Quantum Sensors Market Research Report

Key Findings of the Study

• The global Quantum Sensors Market is expected to reach USD 1123.2 billion by 2032, at a CAGR of 16.34% during the forecast period.


• The Asia-Pacific Quantum Sensors Market is expected to grow at the fastest CAGR from 2022 to 2030. This is due to the demand for quantum sensors in automotive applications and rising technological advancements in quantum sensors.


• Based on Product, the Quantum Sensors Market segmentation includes Atomic Clocks, Photosynthetically Active Radiation (PAR), Gravity Sensors, Magnetic Sensors, and Quantum Sensors. The Atomic Clocks segment held the majority share in 2021, contributing to around ~32-35% in respect to the Quantum Sensors Market revenue.


• Radix, Networking (Oscilloquartz), AdSense, GWR Instruments Inc., Technology (Microsemi), METER Group, Spectrum Technologies Inc., Adcon Telemetry Gmbh, Microchip, Apogee Instrument Inc., Impedance Ltd., Biospherical Instruments Inc., Thomas Industrial Network Inc., M-Squared Lasers Limited, ADVA, and Skye Instruments Ltd.